Beginners trading strategy in demo account.
May be most of my friends thinking, is it important? Yes, its very important. Most of our new traders take very big balance when open a demo account. Thats why he does not think about money management. When they are trade in live account the balance is very small.
What you thinking about beginners trading strategy in demo account ???
trading on a demo account is very important for beginners,It is useful to know more about softwere trading and technical trading.and also to test an indicator for the use of these indicators....
Trading in a demo is one important part of a traders learning process, it is in this stage where you will familiarize functionality of your platform as well as testing your strategy.
Discipline And Risk Management Are Both Very Important In Trading!
Demos account helps you in practicing with different strategies as your own wishes. try different strategies, then you can reach to the conclusion that which strategy is best for you to trade in forex.
frequent practice using demo accounts to generate profits consistently should be done before using a real account to keep our real accounts of MC.Originally Posted by beken
For the beginner take a huge amount of balance in demo trading is not good. They should trade in demo account as its their real money and its real trading. They can take several strategy in the period of demo trading.
in the demo account I never count anything because we are not in such pressure loss and others will, but if in real then we should be careful and waspsda. initial step is the use of good management which in turn learn about technical and fundamental move since each day is always toward the two-way then we use the TP and SL
it should be done by any trader who is just starting forex business using a demo account so that we will be able to practice and experience using strategies and systems that will be used in a real account.
A beginner must take demo account seriously and should trade the same way in demo account and treat money as real money and not virtual money and trade same way as he would trade in real account.
in my opinion i think that you should trade in demo account minimum 6 months with one just strategy and if you mastered him you can trade in real account .
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